Decapitalism: No Pension, No
Wall Street has hijacked the terms and tools of capitalism
to cause business bankruptcies and American unemployment,
that is, decapitalize production and decapitate jobs.
Essay has links of explanation at
Consider the following trends:
How did this happen? 401k's--the biggest bank robbery in history (text ... YouTube). Decapitalists legally pocketed workers' savings, pensions and retirements via stock options and IPOs. Capitalism is not failing. Wall Streeters are failing to be capitalists.
Corporate-issued stock: Two kinds
Examples of bastard stocks:
Decapitalist are not content with the pace of unearned wage-taking by annual stock options to insiders. They have developed gangbang financial rape of American workers--the IPO which means Insiders Phooling Outsiders. Consider this IPO question and analogy of how Wall Stealers have hijacked the terms and tools of capitalism: Can you buy a car, house or anything with the intent of photocopying the title so as to sell it to 10 or 100 people? No. Private equity funds do this when they "recapitalize" a corporation by multiplying the market shares for an IPO.
While it is illegal for you to photocopy a share of stock, it is not illegal for private equity funds to multiply the shares as much as they want.
It is a lie to say a corporation is holding an IPO. In truth, corporate insiders use the corporate name to legally ream the middle-class. And, if a company was previously publicly traded, how can it be an "Initial Public Offering" since the stock had been previously offered for public trade? Sounds like the grey-haired street-walker advertising herself as a virgin.
Consistently, key players have MBA sheepskins--Masters of Bankrupting America or Masters of Business Assassinations.
And, they know they are stealing: "Of course, what we were really doing, in my view, and I've thought about this a lot, was taking earnings or value that should've gone to the shareholders and bringing it unto ourselves." (Jerome Kohlberg, KKR founder, Harvard MBA)
While our economic rivers of wealth are muddied and drained mostly by the Res Pubers, decapitalism barely differentiates the two major parties: Thieving liars vs. lying thieves. Rahm Emmanual (close buddy of Prez Barack, ex-White House Chief of Staff, ex-Congressman, Democratic Mayor of Chicago) decapitalized $16 million in two years between his stint in Congress and chiefing for Obama. Larry Summers (Harvard, Sec. Treasury, Chair of Economic Council, candidate to replace Bernanke at Federal Reserve) drained $5 million from workers in 16-months at a hedge fund.
From whence cometh the decapitalist wolves rampaging in capitalist sheepskins? Thank the business schools and business professors. Thank the economists who justify decapitalism thereby proving that "adled minds are the wasteshops of economists."
Can you rape the willing?
Workers are not without blame. America has become a nation of players instead of workers . Americans are learning that all play and no politics make Jack and Jill desperate, destitude and demise--see SOTA, 2011. Americans have lifestyles that prefer Pittsburg Steelers over Pittsburg steel workers. Because they do not question when promised something-for-nothing, they have less and less on the road to nothingness.
Politicians offer voters "saltwater solutions" (text ... Youtube) which quench the immediate thirst for a problem solution but worsens the problem in the long-term like a thirsty person drinking saltwater:
Pension managers who buy bastard stocks are guilty of numerous crimes against workers, humanity and life. Complaining about 401k fees is like bellyaching about peeling pain on a sinking ship or protesting the noise of arsonists instead of stopping their burning down your house. Are the fee-complaining acadamics and germalists paid to be financial montebanks to distract the passengers and homeowners?
When politicians make good policies then the polity in the polis will be polite without police.
We need new faces for these old problems. We need an end to the money dictators who decide who is on the ballot: The rest of us vote for either a thieving robber or a robbing thief. This is not democracy. Habitual politicians, like Wall Stealers, have hijacked the terms and tools of democracy to hide their despotic abuse of democracy.
Incumbents are not professional politicians since they do not speak (fess) the words to take us forward (pro)--no pro fessing at all. If they are going to fess, they should fess-up at a confessional. Cuz of their habitual re-election addiction, their habitual fibs to us, and their habitual waste of our taxes, we should call 'em habitual politicians. Geo. W. Bush was an exception since daddy was a habitual politician; thus W was a son of a habitual politician. In times of worsening habitual problems, the only thing worse than not voting is voting for a habitual politician. Worse than a do-nothing Congress is a do-worse Congress.
Similar to the hijackers of capitalism and democracy are the warpers of religious morality. Mohammed's morality was a system that encoded and enforced Rodney King's "Why can't we just get along." Would he tolerate the whoppers of jihadists who have hijacked his Koranic teachings for personal aggrandizement? Likewise with the religious funnymentalists who picket military funerals saying that combat deaths are God's punishment for allowing homosexuals in the military. Would Jesus picket with them?
If the average person questioned more often then they would have the morality of more time instead of more worries. In unrelentingly and systemically disrupting and destroying the stability and security of our economic body and the body politic, decapitalism is the dioxin or HIV of social and cultural chaotic collapse. Fearful, anxiety-ridden commoners increasingly grasp at promises of something-for-nothing to which they would otherwise not give the time of day let alone all their daily time.
Decapitalists and despots metastasize the political, economic and social chaos that cheapens of our lives. This cheapening is indexed by one simple, common measure which means cheaping: inflation. Inflation cheapens your wages and savings that fuels unemployment which cheapens your life with more crime. Inflation's linguistic cousins convey cheapening: flattery and flatulence.
Thanks to Wall Steal decapitalists and Washington money dictators, we are in an existential meltdown (text ... Youtube) of our problem-solving institutions: finance, employment, retirement, education, family, etc. Only better democracy and better capitalism can bring this about. At www.timism.com, please visit brainbees and lifehours for how we can fairly and freely use brainbees to find the best problem-solvers and problem-solutions with lifehours being the ultimate, honest and absolute currency that transcends the boundaries of centuries and politicians.
With capitalism, we will have more jobs, less crime, lower living costs,
pensions and retirements. With decapitalism, we will have fewer jobs, more
crime, more inflation, no savings and endless work till we die. Three
little laws can stop Wall Steal decapitalism.
|Capitalism is not failing. Will you continue to fail to defend capitalism
and defeat decapitalism? If you fail, you fail yourself, your family, your
hope and your future. Please help by doing the following:
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